DiutoCoinNews

Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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Month: June 2021

Nigerian Secondary School To Accept Crypto Payments Despite Central Bank Cryptocurrency Ban

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In February, the Central Bank of Nigeria announced in a circular that it had banned financial institutions in the country from providing services to crypto exchanges. Though the policy warned of “severe regulatory sanctions” for any bank that failed to…

Africa’S No.1 NFT Platform – Qlip, Gets Featured On Binance Africa’s Hackathon Quadratic Funding

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We’ve all been hearing the buzz word NFTs and hearing them close to home, with the likes of popular Hip-Hop African Artist MI Abaga and Comedian Josh2Funny creating collectibles of their art. QLIP PROVIDES NFT SOLUTIONS IN 3 SIMPLE WAYS…

Most Expensive Doge Meme Sold For $4 Million As A Non-Fungible Token On Zora Marketplace

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Last week, Atsuko Sato the kindergarten teacher behind the arrival of Doge into the internet, announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity. The…

Most Expensive Doge Meme Sold For $4 Million As A Non-Fungible Token On Zora Marketplace

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Last week, Atsuko Sato the kindergarten teacher behind the arrival of Doge into the internet, announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity. The…

Central Bank of Nigeria (CBN) To Launch A Digital Currency Before The End of the Year 2021

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The Director, Information Technology Department, Central Bank of Nigeria (CBN), Mrs. Rakiyat Mohammed, revealed in a virtual briefing at the banker’s committee meeting yesterday, that the CBN will be launching a Central Bank Digital Currency (CBDC) before the end of…

Exploring Dapps built on Nearprotocol from an African point of view

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SHITTU MUNIR AYANDEJI A brief introduction to DApp: What is DApp (decentralized application): DApp is a computer application that runs on a distributed computing system. DApp is popularized by distributed ledger technologies (DLT) such as the Ethereum blockchain, DApp are…

Government Of India Reportedly Discards Bitcoin Ban Agenda

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According to a report by The New Indian Express on Thursday, the government’s opposing stance toward Bitcoin (BTC) appears to be shifting toward more acceptable regulatory policies for cryptocurrencies. According to inside sources quoted by the publication, authorities have dropped…

Bitcoin Becomes Legal Tender In El Salvador As Congress Approve Bill

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El Salvador’s president Nayib Bukele’s bill to make Bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress today.  The bill introduced by the president of El Salvador to make Bitcoin (BTC) legal tender…

The Original Doge Meme To Be Auctioned As NFT On Zora Marketplace

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The Doge meme started with Atsuko Sato sharing photos of Kabosu, her adopted female Shiba Inu dog on social media, on Feb. 23, 2010. This inspired the creation of Dogecoin. The event will be curated by the online meme platform…

One Million Unique Active Wallets Interacts With Smart Contracts On PancakeSwap In One Week

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PancakeSwap had an enormous week, where it gained more than 1.1 million active wallets working with smart contracts. Within those seven days, PancakeSwap recorded more than $278 billion in volume, better than any competitor, at the same time. The month…